Valley Wealth Managers Inc. Makes New $52.76 Million Investment in Vanguard Russell 1000 Growth ETF $VONG

Valley Wealth Managers Inc. acquired a new position in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 409,211 shares of the company’s stock, valued at approximately $52,760,000. Vanguard Russell 1000 Growth ETF accounts for approximately 2.6% of Valley Wealth Managers Inc.’s portfolio, making the stock its 5th largest holding. Valley Wealth Managers Inc. owned about 0.11% of Vanguard Russell 1000 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Inspirion Wealth Advisors LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at about $253,000. Green Ridge Wealth Planning LLC lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 7.9% in the 3rd quarter. Green Ridge Wealth Planning LLC now owns 5,871 shares of the company’s stock worth $757,000 after purchasing an additional 430 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 19.6% in the third quarter. CoreCap Advisors LLC now owns 8,562 shares of the company’s stock worth $1,104,000 after buying an additional 1,406 shares during the last quarter. Apella Capital LLC boosted its holdings in shares of Vanguard Russell 1000 Growth ETF by 9.4% in the third quarter. Apella Capital LLC now owns 440,631 shares of the company’s stock worth $58,423,000 after buying an additional 37,738 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC bought a new stake in Vanguard Russell 1000 Growth ETF during the third quarter valued at approximately $468,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.6%

Shares of VONG stock opened at $131.69 on Friday. Vanguard Russell 1000 Growth ETF has a 12 month low of $105.22 and a 12 month high of $133.63. The stock has a market cap of $48.09 billion, a P/E ratio of 33.25 and a beta of 1.16. The company has a 50 day simple moving average of $127.68 and a two-hundred day simple moving average of $124.56.

About Vanguard Russell 1000 Growth ETF

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.